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    1318 Lafayette St Macomb, IL 61455

    Sponsored
    For Sale
    $159,900

    Prime Macomb location, office/business space.

    Property size:
    1,708 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional commercial property at 1318 N Lafayette Street in Macomb, Illinois, presents a unique opportunity for businesses seeking high visibility and convenient access. Boasting 1,708 square feet of versatile space, this building is ideally suited for a variety of commercial uses, from offices to retail establishments. The property's strategic location on N Lafayette Street ensures excellent highway visibility, guaranteeing significant exposure to potential customers and clients. The generous 0.72-acre lot provides ample parking and potential for future expansion or outdoor amenities. The asking price for this well-positioned commercial property is $159,900. The building's interior is ready for immediate occupancy, allowing businesses to quickly establish their presence in the thriving Macomb market. This is an excellent investment opportunity for entrepreneurs and established businesses alike, offering a blend of prime location, substantial space, and significant visibility at a competitive price point. The property's size and location make it an attractive option for a range of commercial ventures, promising a strong return on investment. Don't miss this chance to secure a prominent commercial space in a desirable Macomb location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1318 Lafayette St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,708 SF
    Lot Size
    31,363 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    McDonough
    State
    Illinois
    Longitude
    -90.67278
    Latitude
    40.47605

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Macomb location, office/business space.
    Where is this commercial real estate located?
    The property is located at 1318 Lafayette St Macomb, IL.
    What is the asking price?
    The asking price for this property is $159,900.
    (309) 837-2273
    Request Owner's contact information
    1318 Lafayette St Macomb, IL 61455
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    Macomb, IL 61455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1318 Lafayette St Macomb, IL 61455
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